The S&P BSE IT Index has gained about 8.6 per cent since April 30, 2013 as against Sensex’s flattish performance (down 0.15 per cent). This rally is largely fuelled by about 7.3 per cent fall in the Indian rupee over the same period.
Tata Consultancy Services, India's largest IT services company has more that doubled the number of its non-Indian employees during the last three years.
Tata Consultancy Services (TCS), India’s largest information technology services firm, has decided to revise the monthly salary of Chief Executive Officer (CEO) and Managing Director N Chandrasekaran by half to Rs 15 lakh.
Country's largest software services firm Tata Consultancy Services today said it has concluded negotiations with its employee representatives (ERs) in Finland.
Tata Consultancy Services, the country's largest software company, may sack as many as 290 employees at its Finland office, a move that the workers say is an attempt to shift jobs to India.
After tasting fair amount of success in India and a few other emerging countries, Tata Consulting Services (TCS), India’s leading information technology (IT) services company, is foraying into the government vertical in the US.
Last year, the top five Indian information technology (IT) services providers - Tata Consultancy Services (TCS), Infosys, Wipro, HCL and Cognizant- together grew 13.3 per cent, accounting for revenues of $34.3 billion.
Many would argue that Tata Consultancy Services (TCS) CEO N Chandrasekaran inherited a strong company when he was appointed CEO and MD in late 2009. TCS, India's largest IT services provider, already had revenues of $6.4 billion.
When Chinese Premier Li Keqiang comes here on Tuesday afternoon, his first stop will be the offshore development centre of Indias largest information technology company, Tata Consultancy Services, in the western suburbs.
Tata Consultancy Services (TCS), the country's biggest software services exporter, expects to complete expansion of its software development centre in the city in two months.
In 2008-09, Tata Consultancy Services (TCS) saw an impressive 23 per cent growth in its topline. But Infosys, which was trending higher than TCS in valuation, beat TCS with a 30 per cent growth.
Employees at Tata Consultancy Services’ (TCS) centre at Espoo and Salo in Finland walked out of their jobs today, according to international media reports.
We believe, in the worst case scenario, the impact on margins of Indian IT companies will be three fold. First, visa fees will catapult almost 100% (from ~$5k to ~$10K).
Usually, the Infosys leadership does not talk seriously about its acquisition strategy during earnings press conferences. But the last quarter seems to have been an exception.
